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20130801
20130801
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FOX News
Aug 1, 2013 1:00pm PDT
. at&t mobile share for business. ♪ >> neil: detroit goes bust. michigan lawmakers needing to find ways to rev up cash. are unions pushing for a detroit bailout about to get their way? stewart, you argue that at least weapon it comes to pensioners they need help. >> absolutely. the city of detroit and the state of michigan made a commitment to workers years and years ago, that they would get a pension. many times they negotiated for higher pensions and less wages. and firefighters police officers need pensions like the rest of us do. the average negligence detroit -- average pension in detroit is $19,000. hardly lavish. the pensions and i would argue we have to save detroit. >> neil: a lot of cities in line. i'm not blaming unions. a lot of inept imaginer -- managers that let his happened but unfunded high schools that can't -- unopportunitied liabilities. you have a host of other u.s. cities in arrears, a number of states on the brink. where do you draw the line? >> the problem in detroit is similar to other stays and that's a conscious effort to deindustrialize america. these are prim
FOX Business
Aug 1, 2013 11:00am EDT
make of this? worried about the road ahead, auto critic with the detroit free press joining us from michigan, good to see you. i did not intend to make a car related pun about driving. a lot of this is in a pickup trucks and larger vehicles. are you worried these automakers are making the same a stake they did in the 90s? it blew up in their face. >> not really. the increase in pickup trucks is due to a lot of businesses stocking up again because they think the economy is getting better and many as you thes we see our smaller than the vehicles that existed in 90s and more fuel efficient. the problem is when car and suv sales get out of whack and you are making your money on huge vehicles and losing money on cars that doesn't seem to be the case. the ford fiesta is up 90% in july versus last year which was a stunning number. dagen: we should really celebrate these automakers and rejoice in effect these sales are so good and the quality of these vehicles is so good. you get in any small american sedan these days and even in many cases it is superior to what you would buy in japan or f
Search Results 0 to 1 of about 2